Kodiak AI (NASDAQ:KDK) Upgraded to Hold at Zacks Research

Key Points

• Kodiak AI (NASDAQ:KDK) has been upgraded to a "hold" rating by Zacks Research, reflecting a cautious outlook on the stock.
• Citigroup has initiated coverage with a "buy" rating and a target price of $13.50, while Weiss Ratings issued a "sell (e+)" rating.
• The stock currently has a 52-week trading range, with a low of $5.77 and a high of $11.62, and a consensus price target from analysts of $13.25.

Kodiak AI (NASDAQ:KDK - Get Free Report) was upgraded by Zacks Research to a "hold" rating in a research note issued on Tuesday,Zacks.com reports.

Several other research firms have also recently issued reports on KDK. Citigroup started coverage on shares of Kodiak AI in a report on Monday. They issued a "buy" rating and a $13.50 price objective for the company. Weiss Ratings started coverage on shares of Kodiak AI in a report on Saturday, October 11th. They issued a "sell (e+)" rating for the company. Finally, Cantor Fitzgerald began coverage on shares of Kodiak AI in a report on Monday. They issued an "overweight" rating and a $13.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $13.25.

Kodiak AI Stock Performance

NASDAQ KDK opened at $7.45 on Tuesday. Kodiak AI has a 52 week low of $5.77 and a 52 week high of $11.62.

Kodiak AI Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to as our initial business combination. Our only activities since inception have been organizational activities and those necessary to prepare for this offering.

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